Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Effects of Demonetization:A Study on Indian Economy


Affiliations
1 Department of Commerce, Delhi School of Economics, University of Delhi, Delhi, India
     

   Subscribe/Renew Journal


As known to all of us that with the announcement of demonetization by our Prime Minister Mr. Narendra Modi the country had to experience its pros and cons. In his opinion it was to curb black money which was used for illegal activity and terrorism funding and to make India a cash less economy by pushing digital transaction. But with the unprepared banks people had to face serious crisis. This paper deals with what is demonetization, past experience of other countries and how it had effected Indian economy.

Keywords

Demonetization, Digital Transaction, Counterfeit Currency, Black Money.
User
Subscription Login to verify subscription
Notifications
Font Size

Abstract Views: 269

PDF Views: 0




  • Effects of Demonetization:A Study on Indian Economy

Abstract Views: 269  |  PDF Views: 0

Authors

Susmita Chaturvedi
Department of Commerce, Delhi School of Economics, University of Delhi, Delhi, India

Abstract


As known to all of us that with the announcement of demonetization by our Prime Minister Mr. Narendra Modi the country had to experience its pros and cons. In his opinion it was to curb black money which was used for illegal activity and terrorism funding and to make India a cash less economy by pushing digital transaction. But with the unprepared banks people had to face serious crisis. This paper deals with what is demonetization, past experience of other countries and how it had effected Indian economy.

Keywords


Demonetization, Digital Transaction, Counterfeit Currency, Black Money.